St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-09-07
BALTIMORE & OHIO.
"A Report that Samuel SpencerWiu
Be the Next President.

Be the Next President.
BALTIMORE, Sept. 6.-The Baltimore
American of this morning says: 1.-The
question as to who shall succeed Presi-
dent Garrett is settled. Mr.. John King,
Jr.. who was looked upon favorably,
cannot take the position because he is
virtually trustee of the Erie road as well
as its president. A. j. CasSett was men,
toned, but his intimate relations with
the Pennsylvania road were against his
acceptancy. The man whom the syndi-
cate have settled upon as possessing all
the requirements for the place is Samuel
Spencer, the present first vice president
OF the Baltimore d Ohio road. Not only
did his ability as a manager and his
work in connection with the road COM
mend him, but when he conducted the
operations which ended in the contract
the syndicate became so thoroughly inn
pressed with his qualifications that it
took only a short time for them to agree
upon him as Mr.. CARROTS successor.
They recognize the fact that he will
give the road progressive adminiStra-
ton, and will do as much as any man
can do to maintain its thorough indie
pendence while steering clear of en-
tangling competitions. The choice of
Mr. Spencer is with Mr.. CARROTS full
concurrence and approval"
Mr.. Spencer is about forty years old, and rs
q married man He entered the Baltimore &
Ohio service as a clerk, and worked himself
up until he became chief clerk to William
Sharp, who was master of transportation.
When Mr.. Sharp became president of the
Long Island road. he offered Mr.. Spencer a
responsible position al several times the sal
airy that the Baltimore q Ohio was paying
him. He accepted and filed the place until
called back by the Baltimore IL Ohio to fill
one OF its vice presidencies He has been
very valuable man, and, during Robert Gar
rett's administration especially, his services
have been extensive. He is u hard worker
without any particular brilfiancy, but with
cool head and an eXhaustleSs amount of
push, and his selection will meet with general
approval.
BALTIMORE, Sept. 6. Baltimore &
Ohio stock has declined 5000 a share
since Saturday last, when it closed at
$50. This morning it opened at 14112
bid and at the last call sold for 1899.
To Hear Western Men.
PITTsBURG, Sept. Ga letter was re-
ceived to-day by the Pittsburg Whole
sale Grocers' association from the
freight bureau of Minneapolis, Mimi.
The bureau is an association of whole
sale dealers similar to that OF the gro
GERS association in this city. They have
followed the example of PittSburg, Gin
cinnati, st. Louis and other large West
ern cities in protesting against what
they claim as an attempt to secure dis
elimination in favor of the Eastern
shippers. The letter stated that the i'll
terState commission had sent them no
tice that a meeting of the commission
would be held in St Paul on Sept Is.
The meeting is for the sole purpose of
hearing the Western side of the case.
All Western wholesale shippers who
are among the large list of professors
are asked to send representatives to ap-
pear before the commission and present
their arguments to show why the rail-
roads should not be granted the privil-
eye of shipping small quantity of mer-
chandise at the same rate as carloads.
New Railroad Scheme.
SPRINGFIELD, ILL.,, Sept. 6.-Articles
of Incorporation were to-day recorded in
the office of the secretary of state of the
Quincy d Rock Island Railroad COM
pany, the principal Office at Quincy, and
the amount of the capital stock to be
S2.000,000. The incorporators and first
board of directors are as follows:
Charles A. Mclaughlin, of Galesburg;
Samuel S. Gray and Charles K. Arnold,
of Hamilton; Charles II. Drere. of Mo
line; Morris Rosenfeld, of Rock Island;
George w. Kretzinger, of Chicago;
James NJ. Bishop. of Quincy; James Z.
Crawford and William Hill. of Warsaw,
Ill. 1t is proposed to construct the said
railroad from the city of Quincy north
erly through the counties of Adams,
Hancock, Henderson, Mercer and Rock
Island to point at or near the city of
Rock Island.
The Wabash Cuts Rates.